At Seymour Taylor, we work very closely with legal practices and
our clients benefit from our years of experience in dealing with
the Accounting and Auditing requirements of Solicitors.We
provide full support to professional legal practices in dealing
with work under Solicitors’ Accounting Rules, preparation of
financial statements and comprehensive taxation assistance. We
can jointly offer assistance with specialist services including:
Audit:
- All aspects of audit which is regulated by the
Solicitor’s Accounting Rules 1998 (last amended July 2008).
Dealing with contentious issues within the audit such as;
Controlled Trust, Joint Accounts, Court of Protection
Receivers, Accounts subject to Limited Record Keeping,
Qualifications and Expert Witness Service.
- Preparation and advice relating to Accountant’s report
and Accountant’s checklist annual returns.
Accounts:
- Preparation of annual accounts of the Practice itself.
- Preparing and filing Firms and Partners annual tax
returns.
- The application and treatment of UITF 40 relating to the
valuation of Work In Progress and Debtors in the annual
accounts.
- Working with a number of differing solicitors accounting
software systems.
Please contact us for
further information on this service. |